April 23, 2013
Colombia’s second largest transmission company Transelca, owned by state-run power grid operator Interconexion Electrica (ISA), has received a COP10 billion loan from Banco de Bogota bank.
March 20, 2013
The US Trade and Development Agency (USTDA) has awarded a USD463,944 subsidy to Colombia’s grid operator XM Compañía de Expertos en Mercados S.A. E.S.P. (XM) to design and implement a smart grid project.
January 15, 2013
The shareholders of Brazil's state-owned power holding company Centrais Eletricas Brasileiras SA (Eletrobras) subsidiary Eletrosul Centrais Elétricas S.A. (Eletrosul) have approved acquisition of transmission company Artemis Transmissora de Energia S.A.
January 3, 2013
Brazil’s state-run power utility Companhia Estadual de Energia Eletrica (CEEE) will receive a BRL381 million loan from Brazil's Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Development Bank to upgrade and expand the power network in the state of Rio Grande do Sul.
December 24, 2012
Spain-based engineering, construction and concessionary company Isolux Corsan has received a USD1 billion loan from the Inter American Development Bank (IDB) to develop energy infrastructure and harness renewable energy in Peru.
December 13, 2012
Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Development Bank has granted a USD354 million loan to ECE Participações for its Santo Antônio do Jarí hydroelectric project.
November 13, 2012
Ecuadorian firm Hidrosanbartolo has received a USD36.4 million loan from Inter-American Investment Corporation (IIC) for its 48 MW run-of-the-river hydroelectric plant along the Negro river in southeast Ecuador.
November 5, 2012
The IDB has approved a USD35 million loan for Nicaragua’s third component of the sustainable electrification and renewable energy programme Programa Nacional de Electrificación Sostenible y Energía Renovable (PNESER).
November 1, 2012
The Inter-American Development Bank (IDB) has announced a BRL88.7 million loan to Brazil’s power firm Companhia Estadual de Geracao e Transmissao de Energia Eletrica (CEEE-GT) to finance the company’s Pro-Energia programme for 25 years.
October 16, 2012
Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Development Bank has approved a USD885 million loan for Interligação Elétrica do Madeira (IE Madeira), a special purpose vehicle of the Madeira Transmissao consortium comprising Companhia de Transmissão de Energia Elétrica Paulista (CTEEP), Furnas and Companhia Hidro Eletrica do Sao Francisco (Chesf) for the implementation of its transmission facilities associated with the Madeira hydro power project (HPP).
October 1, 2012
Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Development Bank has approved funds of BRL2.32 billion for the Jirau hydroelectric power plant (HPP) and the associated transmission network.
August 29, 2012
Brazil's national bank Banco Nacional de Desenvolvimento Economico e Social (BNDES) has approved a BRL1.05 billion loan to Norte Brasil Transmissora de Energia for the construction of the Porto Velho-Araraquara transmission line No. 2 to evacuate power from the 3,450 MW Jirau and 3,150 MW Santo Antonio hydroelectric power plants (HPPs).
July 30, 2012
Chilean power transmission firm Transmisora Mejillones has received an approval from the Inter-American Investment Corporation (IIC), a member of the IDB Group, for up to a USD10 million loan for the construction of a 220 kV line in Chile.
June 29, 2012
Itaipú Binacional, operator of the Itaipú hydro power project located on Paraná River on the border between Brazil and Paraguay, has received USD66 million from the Mercosur structural convergence fund FOCEM for the 500 kV Itaipú-Villa Hayes transmission project in Paraguay.
June 27, 2012
The US Trade and Development Agency (USTDA) has extended a grant of USD405,000 to Mexican energy regulator Comisión Reguladora de Energía (CRE) for developing a regulatory framework for the implementation of smart grid technology in the country.
June 11, 2012
Argentina’s wholesale electricity market administrator Compañía Administradora del Mercado Mayorista Eléctrico (Cammesa) has approved a ARS53.4 million loan to power supplier EDELAP S.A to fund the construction of three 132 kV substations.
May 28, 2012
Actividades de Construccion & Servicios SA (ACS), a Spanish construction company, has signed an accord to sell its seven high voltage transmission assets in Brazil to China’s biggest network operator State Grid Corporation of China (SGCC) in an attempt to reduce debt.